NOT LISTED FOR SALE

70 Alae Rd Kula, HI 96790

Estimated Value: $1,141,331 - $1,617,000

2 Beds
1 Bath
1,440 Sq Ft
$959/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $755,000 $524 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,737/month

59 Days on Market

About This Home

As of September 2018

A special long time family owned property with excellent views in Kula. Property currently has the main home of 1440 square feet and (two ) detached 2 bedroom cottages One cottage is part of a farm dwelling that has been a family business work/space warehouse, perfect for home workshop or studio. There is also a separate garage/barn ( total of 4 structures). Buyers to do their diligence. Excellent ocean views from all structures. Property cannot be viewed from the street (Alae Pl.)the private driveway runs off Alae Pl. and is usually gated. Please contact your favorite Realtor to arrange a private showing/information.

Last Agent to Sell the Property

Michael Higa

Aloha Maui Real Estate LLC License #RS-60356 Listed on: 04/14/2018

Last Buyer's Agent

Al Chiarella

Coldwell Banker Island Prop(P) License #RB-14684

Coldwell Banker Island Prop(P)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1985

Lot Details

  • 1.7

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Ocean Views
  • 1.7 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,284

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Type: Sf W/Det Ohana Or Cottage
  • View: Ocean
  • Year Built House: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Bathrooms: 1
  • Bedrooms: 2
  • Living Area Sq Ft: 1440
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 720

Lot Info

  • Land Acres: 1.7
  • Land Sq Ft: 74052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
Aug 27, 2018
Sold by
Makamurs Nelson N
Bought by
Capo Jason
Seller's Agent
Michael Higa
Aloha Maui Real Estate LLC
Buyer's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
List Price
$1,089,000
Sold Price
$755,000
Premium/Discount to List
-$334,000
-30.67%
Current Estimated Value
$1,380,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,333
Avg. Annual Appreciation
8.84%
Original Mortgage
$679,500
Outstanding Balance
$591,344
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$788,989

Purchase Details

Closed on
Sep 6, 2007
Sold by
Nakamura Ann K
Bought by
Nakamura Nelson N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 8, 2004
Sold by
Nakamura Nelson N
Bought by
Nakamura Nelson N and Nelson N Nakamura Trust

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Apr 21, 1994
Sold by
Nakamura Nelson K and Nakamura Ann K
Bought by
Nakamura Nelson K and Nakamura Ann K
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capo Jason -- Or
Nakamura Nelson N -- Fntic
Nakamura Nelson N -- --
Makekau Jeffery N -- --
Nakamura Nelson K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capo Jason $679,500
Previous Owner Nakamura Nelson N $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2018 09/07/18 Sold $755,000 -5.5% $524 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/06/2018 06/06/18 Price Changed $799,000 -11.1% $555 / Sq Ft
05/12/2018 05/12/18 Price Changed $899,000 -5.3% $624 / Sq Ft
05/07/2018 05/07/18 Price Changed $949,000 -4.0% $659 / Sq Ft
04/22/2018 04/22/18 Price Changed $989,000 -9.2% $687 / Sq Ft
04/14/2018 04/14/18 For Sale $1,089,000 -- $756 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,284 $1,024,400 $627,500 $396,900
2024 $5,284 $900,100 $519,500 $380,600
2023 $4,959 $847,700 $467,000 $380,700
2022 $4,601 $786,500 $439,100 $347,400
2021 $4,044 $742,100 $425,200 $316,900
2020 $4,068 $746,500 $425,200 $321,300
2019 $3,929 $661,500 $434,100 $227,400
2018 $2,563 $427,200 $167,200 $260,000
2017 $1,768 $0 $0 $0
2016 $1,626 $287,300 $47,000 $240,300
2015 -- $271,300 $54,300 $217,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Higa

    Aloha Maui Real Estate LLC

    (808) 264-4001

    11 Total Sales

    Michael Higa
    Section Image
  • Al Chiarella

    Buyer's Agent in 2018

    Al Chiarella

    Coldwell Banker Island Prop(P)

    (808) 276-7777

    5 in this area

    21 Total Sales

    Al Chiarella
    Section Image
  • Kelly Swanson

    Buyer Co-Listing Agent in 2018

    Kelly Swanson

    Compass-W

    (808) 359-3540

    1 in this area

    19 Total Sales

    Kelly Swanson
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 378167

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-047-0000

Hawaii Maui County Kula 96790

70 Alae Rd, Kula, HI

This home is located at 70 Alae Rd, Kula, HI 96790 since 14 April 2018 and is currently estimated at $1,380,333, approximately $958 per square foot. This property was built in 1985. 70 Alae Rd is a home located in Maui County with nearby schools including Kula Elementary School, Samuel Enoka Kalama Intermediate School, and King Kekaulike High School.

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